[India] Glass Diversifies To Keep Volumes Rising

With the real estate market slowing, the glass industry in India is diversifying into interior decoration, furniture, murals and other value additions to keep the show going. Real estate is the biggest consumer of flat glass for windows etc. The sector had been growing at around 20%/pa over the last five years, but with the industry in the doldrums, this year has seen no net growth at all. However, the automobile sector still continues to be a big user of flat glass.